Business Taxes & Duties Top Story

FIRS announces tax amnesty, offers concession on penalties and interests

The Federal Inland Revenue Service (FIRS) has introduced a significant measure, approving amnesty on penalties and interests linked to outstanding tax liabilities, as confirmed by the Chairman of FIRS, Zacch Adedeji, in a statement issued on Sunday in Abuja. Recognising the financial challenges faced by taxpayers in fulfilling their tax obligations, the FIRS has opted Read More…

REUTERS/Carielle Doe
Liberia Top Story World

Liberia’s President George Weah concedes election defeat to Opposition Joseph Boakai

Following a closely contested election, Liberia’s President George Weah gracefully conceded defeat to opposition leader Joseph Boakai. Weah’s acknowledgement of defeat marks the end of a presidency shadowed by corruption allegations, ensuring a seamless transition of power in the once-turbulent African nation. Boakai, a 78-year-old former vice president who previously lost to Weah in the Read More…

Business Infrastructure

FEC greenlights concession of Central Workshop in Ijora for revitalisation and operation

The Federal Executive Council (FEC) has given its approval for the concession of the Central Workshop in Ijora, Lagos State, aimed at its rehabilitation and optimal operation. The concession will operate under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC). In a statement signed by Manji Yarling, ICRC’s Head of Media and Publicity Read More…